Search results for

SingTel, Asia's leading telecommunications group, has selected Sungard's AvantGard-Quantum and AvantGard Risk for management of its group treasury operations. The system will be implemented in its Singapore operations and through SingTel Optus, its Australian subsidiary. AvantGard will help the SingTel Group manage its cash position, providing flexible forecasting and the ability to integrate all cash exposures into a common view. AvantGard will also facilitate the management and reporting of the group's financial risk, including liquidity, interest rate movements, FX movements and credit risk.

Pension deficits in FTSE250 companies fell from £74 billion ($137 billion) to £64 billion over 2003 according to research by Mercer Human Resource Consulting.

Goldman Sachs and Morgan Stanley have benefited from another wave of fees as China?s largest listed companies tap stock markets again.

Corporate books in Japan do not face as much scrutiny as their US or European corporate counterparts whose audting firms spend two to three times as long when carrying out audits. That?s the view of Tsuguoki Fujinuma, the chairman designate of the Japanese Institute of certified public accountants (JIPCO).

Late payments cost British businesses a staggering £20 billion a year. According to a survey of 9,000 European companies commissioned by Intrum Justitia, the credit management services group, only 53% of invoices in the UK are paid on time.

The Bank of New York (BoNY) was the leading bank in the depositary receipt (DR) market during the first six months of 2004, closing 41 of 64 DR programs giving the bank a 64% market share. The bank?s deals range across the globe with 42% from the Asia-Pacific region, 32% from Europe, 20% from Latin America and 6% from the Middle East and Africa.

Best bank

Business travel management companies now have an impressive array of high-tech tools to enable them to meet their customers' needs. But they must always bear in mind that those customers often require the personal touch and are eager to have cut-price options built into the offering.

Best bank

Royal Bank of Scotland

Best bank

Morgan Stanley